Earnings ·
Hexcel reports Q3 sales of $496M and raises share repurchase authorization to $750M
HXLHexcel Corp
Hexcel Corporation reported third-quarter 2026 net sales of $496.4 million, an 8.8% increase from the prior year period, driven by a 21% surge in commercial aerospace demand. GAAP diluted earnings per share rose to $0.50 from $0.26, while adjusted diluted EPS remained steady at $0.50. The company reaffirmed its full-year 2026 guidance for sales between $2.025 billion and $2.125 billion and adjusted EPS of $2.30 to $2.40. Additionally, the Board of Directors increased the share repurchase authorization from approximately $381 million remaining to a total of $750 million. Hexcel Corporation is a global leader in advanced lightweight composites technology providing materials for commercial aerospace, defense, and industrial applications.